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a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial military complex host: if the country does off of the fiscal cliff, who do you think it's more of the blame on this? it is the president of the united states or congress? caller: the people are being brainwashed to not speak up and get together like an tahrir square and rise up and say, we have to do it with this. we have to do away with destroying the country. we have to do away with $1 billion to a number of countries including israel. host: all right. we want to point out this from "usa today," in there opinion page. we are taking your calls for the next half hour or so on this segment. i want to point out a p
a lot of columns this morning talking about this issue, the ongoing fiscal cliff negotiations. here is "the washington post." we are taking your thoughts on the issue. but gutted the independent line. welcome to the "washington journal." caller: i agree also with a caller on the democrat line. i agree with what he was referring to -- c-span changing a with bias. the issues, they did not talk about it. the ones who are behind it are the political parties. the industrial...
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we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes. 19% said they would be willing to give up host: we would like to hear what deduction you would give up. you can weigh in on our facebook page, there's a poll set up where you can tell us specifically which interests you the most, or perhaps wh
we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be...
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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>> even the late night comics getting fed up with the fiscal cliff stuff. good morning, everybody. i'm brian sullivan and welcome to way too early. only 2 1/2 more shopping weeks left until christmas by the way. so do your duty, america, bring our economy back from the brink. we've got a lot to talk about on this wednesday, december 5th. thanks for joining us. including a shameful display of partisanship in congress that resulted in the voting down of a u.n. treaty aimed at spreading rights for disabled people. even the venerable bob dole could not bring both sides together on this one. also major unrest in egypt as 100,000 protesters stormed the palace in cairo forcing president morsi to flee. we'll update you on the situation there. but first our top story live here at 5:30 a.m. at 30 rock in new york city. and we begin with the latest on the rapidly approaching fiscal cliff deadline of automatic tax hikes on everybody and what appears to be a stalemate in the negotiations. in his first interview since the election, president obama reiterated his demand that any deal must raise t
>> even the late night comics getting fed up with the fiscal cliff stuff. good morning, everybody. i'm brian sullivan and welcome to way too early. only 2 1/2 more shopping weeks left until christmas by the way. so do your duty, america, bring our economy back from the brink. we've got a lot to talk about on this wednesday, december 5th. thanks for joining us. including a shameful display of partisanship in congress that resulted in the voting down of a u.n. treaty aimed at spreading...
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from "politico" this morning -- that is a little bit from "politico" on that fiscal cliff. david, thank you for holding. caller: yes, good morning. host: what do you think about hillary clinton could go future? caller: i do not think she will run. [indiscernible] we have the man that we need [indiscernible] we are not working. there is no way the government can be supported. host: that was david from georgia them but we are able to bring you some live events to date on c-span. this afternoon, the annual christmas tree lighting. the president will be there. that will be live at 4:30 p.m. eastern time. you will be able to see the lights on the national christmas tree. that is held right in front of the white house just south of the white house. jay on our boat page says -- says -- page scott is an independent from florida. caller: good afternoon, c-span. i am going to say some things you probably do not want to hear but there are the truth about hillary clinton. i think she is very intelligent and on top of her game. when i look back at her career when her husband was preside
from "politico" this morning -- that is a little bit from "politico" on that fiscal cliff. david, thank you for holding. caller: yes, good morning. host: what do you think about hillary clinton could go future? caller: i do not think she will run. [indiscernible] we have the man that we need [indiscernible] we are not working. there is no way the government can be supported. host: that was david from georgia them but we are able to bring you some live events to date on...
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cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on john boehner. there is an article in the new york times showing they feel he is dragging his feet and waiting until january 3. i also understand that the chairman of the government oversight and reform committee darrell issa, which is from our district here, is holding up the vote on the women against violence act also, which involves the illegals, native americans, and lgbt. this
cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by...
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cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand today? there's a hearing today on capitol hill. the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fac
cliff. nbc's tracie potts joins us live from washington with app update on all of this. tracie, good morning to you. >> reporter: lynn, not quite empty. a lot of lawmakers on a long weekend break. take a look at some of the frustrated constituents they'll face. a protest in baltimore over social security, not the check but the jobs. the people who work in the offices who fear there could be super long lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand...
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we'll discuss the fiscal cliff with our "morning joe" panel. >>> and now, mercifully, i need your help. are you with me on this one? the phrase fiscal cliff, i'm over it, time's up, date reached on the expiration, nails on the chalkboard annoying. can't we be a little more creative? this is where you come in. e-mail your alternative to the phrase "fiscal cliff," and i'll use the best one tomorrow on our show. we won't use fiscal cliff, i promise. so far, my best, budgetary bluff? yeah, the bar's been set very low. >>> up next, we'll huddle around the water cooler, where jon stewart stepped out of his comfort zone with an eminem-inspired rap for the michigan protesters. >>> well, enough with the real news. let's gather around the water cooler. and first, a little moment of silence. louis louis, who wouldn't miss a second of on-camera opportunity has been talking to the porcelain god all night. not sure why. we wish you the best, louis. see you tomorrow morning. >>> well, a day like today won't come around for another 89 years. it's 12/12/12. no, it's not a sign of the apocalypse, but th
we'll discuss the fiscal cliff with our "morning joe" panel. >>> and now, mercifully, i need your help. are you with me on this one? the phrase fiscal cliff, i'm over it, time's up, date reached on the expiration, nails on the chalkboard annoying. can't we be a little more creative? this is where you come in. e-mail your alternative to the phrase "fiscal cliff," and i'll use the best one tomorrow on our show. we won't use fiscal cliff, i promise. so far, my best,...
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negotiations continue on the fiscal cliff. this morning, negotiations and how they were going. host: let's begin with what is business forward? guest: it is an organization with a very simple mission. our job is to try to make it easier for business leaders are around the country to speak out on issues of public policy. host: is this a brand-new organization? guest: we have been around for about three and a half years. our target market our business leaders around the country. we try to get them more involved in the policy-making process. we bring administration officials, members of congress out to cities across the country to do briefings with business leaders and then we bring those business leaders to washington to tell them how to grow jobs and how to recover. what do the business leaders say to the president? guest: we have brought 50 plus different groups to the white house to talk to the president's economic advisers. we have brought about 370 business leaders representing 32 different states. the message they are giving is pretty consistent with simpson- bowles and how
negotiations continue on the fiscal cliff. this morning, negotiations and how they were going. host: let's begin with what is business forward? guest: it is an organization with a very simple mission. our job is to try to make it easier for business leaders are around the country to speak out on issues of public policy. host: is this a brand-new organization? guest: we have been around for about three and a half years. our target market our business leaders around the country. we try to get...
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over the fiscal cliff if he doesn't get the tax increases over the wealthy. but will republicans agree to a broader deal? we have that conversation just ahead. when we come back right here, we're going to huddle around the water cooler. we have to get some space. let's put them in another room. allen simpson resorts to dancing "gangnam style" to make people interested about the debt. >> that's not pretty. >> we'll be right back. >>> i'm over. i'm done. >> let's go to the control room. >> we hear it's a strong -- >> what's your nickname? >> i know you know korean pop phenom and his song is one of your favorites. >> you should see my brother do this. >> you're not alone. it's youtube's most watched video. it even rubbed off on the debate over the national debt, specifically on 81-year-old senator allen simpson. >> stop instagramming your breakfast and getting on youtube until you can see "gangnam style." ♪ and start using those precious social media skills and go out and sign people up on this baby, three people a week. let it grow. take part or get taken apa
over the fiscal cliff if he doesn't get the tax increases over the wealthy. but will republicans agree to a broader deal? we have that conversation just ahead. when we come back right here, we're going to huddle around the water cooler. we have to get some space. let's put them in another room. allen simpson resorts to dancing "gangnam style" to make people interested about the debt. >> that's not pretty. >> we'll be right back. >>> i'm over. i'm done. >>...
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fiscal cliff. president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on the road again. president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like m
fiscal cliff. president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president...
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host: democrats line and we're looking at the fiscal cliff, go ahead. caller: good morning. i want to know why we keep talking about social security and medicare? why are we not talking about ssi and medicaid? that is where the problem really lies because they have not paid into the program. social security and medicare. if we want to fix the situation, we need to cut to that plus all these charitable contributions. we've got people spending money for christmas so why are we not able to have money in the economy? guest: on the medicare aside -- this is a very important issue were one needs a lot of public a lot -- a lot of public education about the numbers and the reality. the gap between peril taxes paid in and premiums paid into medicare and spending going out his $3 billion per year. that program is a big part of the problem. it is also true of medicaid and ssi, i think they should all be looked at carefully we have sold this section to the american public that they pay a dime into a program, they deserve all the benefits. the gap between what you pay into medicare and w
host: democrats line and we're looking at the fiscal cliff, go ahead. caller: good morning. i want to know why we keep talking about social security and medicare? why are we not talking about ssi and medicaid? that is where the problem really lies because they have not paid into the program. social security and medicare. if we want to fix the situation, we need to cut to that plus all these charitable contributions. we've got people spending money for christmas so why are we not able to have...
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host: our series on the fiscal cliff continues this morning with a dive into social security. here to talk about the program and how it is involved in the discussions, the negotiations over america's financial future, is stephen ohlemacher, joining us from the associated press, where he is a reporter. how much social security do people get? guest: a little more than 66 million people. the average benefit is a little over $12,000 -- a little over $1,200 a month. maybe $13,000 a year or so. host: we are talking about retirees and the disabled. guest: a fairly wide group of people receive social security benefits. retired workers, spouses, children, disabled workers, widows, widowers. a big safety net of people. host: retirees receive about $1,200 a month on average. the benefits for the disabled, $1,100 a month on average. how does social security get financed? guest: it has been a self-funded program since its inception. it is funded by payroll taxes. there's a 12.4% tax on wages up to about $110,000. if you make more than that, any money you make over that is not taxed as part
host: our series on the fiscal cliff continues this morning with a dive into social security. here to talk about the program and how it is involved in the discussions, the negotiations over america's financial future, is stephen ohlemacher, joining us from the associated press, where he is a reporter. how much social security do people get? guest: a little more than 66 million people. the average benefit is a little over $12,000 -- a little over $1,200 a month. maybe $13,000 a year or so. host:...
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good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >> i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. >> so are some republicans to save tax breaks fo
good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and...
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short term spending cuts should be part of any fiscal cliff deal. the big news this morning is we're not going over the cliff. they have a bad hand. they're going to end up passing this middle class tax thing if that's the only thing they do. and live to fight another day. you can see the momentum building. not official but you see it. the difficulty for boehner still is passing the extension may be best of the options it is an option that a chunk of his party has said he would reject. the fiscal conservatives criticizing boehner's budget pr proposal. then you had senate republicans watching their backs, rejecting a u.n. treaty that bans discrimination against those with disabilities around the world. senator jim demint said speaker boehner's $800 billion tax hike will destroy american jobs. yes, he said speaker boehner. one party proposes increase in an effort to counter them. the other party's leadership proposes, wait for it, $800 billion in tax increases and then former alaska governor sarah palin blasting boehner's decision to remove some conse
short term spending cuts should be part of any fiscal cliff deal. the big news this morning is we're not going over the cliff. they have a bad hand. they're going to end up passing this middle class tax thing if that's the only thing they do. and live to fight another day. you can see the momentum building. not official but you see it. the difficulty for boehner still is passing the extension may be best of the options it is an option that a chunk of his party has said he would reject. the...
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. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only o
. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still...
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as the house wraps up, boehner briefed reporters on the status of the fiscal cliff talks. this is 10 minutes. >> good morning, everyone. more than five weeks ago republicans signaled our willingness to avert the fiscal cliff with a bipartisan agreement that is truly balanced and begins to solve our spending problems. president still has not made an offer that meets those two standards. republicans have. while the president promised the american people a balanced approach, his proposals have been anything but. he wants far more in tax hikes and spending cuts he'd once new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts for -- or reforms. it is clear the president is not serious about cutting spending. spending is a problem. how big the problem? look at this chuart. this line is the current base line for revenue. here, if the president got everything he wanted, over $1.40 trillion in taxes, this is what that would represent. if you look at the spending problem, you see it does nothing. nothing to stop the spending problem that our
as the house wraps up, boehner briefed reporters on the status of the fiscal cliff talks. this is 10 minutes. >> good morning, everyone. more than five weeks ago republicans signaled our willingness to avert the fiscal cliff with a bipartisan agreement that is truly balanced and begins to solve our spending problems. president still has not made an offer that meets those two standards. republicans have. while the president promised the american people a balanced approach, his proposals...
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when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. 8 days ago, secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts and an infinite increase in the death lemmas like forever. four days ago we offered a serious proposal. since then, there has been no counteroffer from the white house. instead, reports indicate the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president thought the tax rate hikes he wanted, we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem, not a revenue problem. the president does not agree with our proposal. i believe he has an obligation to families and small businesses to offer a plan of his own, and plan that can pass both chambers of the congress. we are r
when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. 8 days ago, secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts and an infinite increase in the death lemmas like forever. four days ago we offered a serious proposal. since then, there has been no counteroffer from the white house. instead, reports indicate the...
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that being shaded on what is going on with decisions by the fiscal cliff. another economic news this morning, a story in the wall street journal looking at general motors. it says -- earlier this year, 675,000 vehicles a in inventory. houston, texas, this is eric. caller: i am if first-time caller. years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should allow the states to make the kind of a decision. giving more people -- in giving more power to the government to regulate this on a national level will create so many issues down the road, and it probably a lot of issues in the immediate -- the reason we even got to this. is because we get some much power to the government to regulate all of the different things and issues. giving them more power is just going to create more problems. my basic thought is, more government power, more issues. host: we will leave it there. victor on the republican line. caller: i do not
that being shaded on what is going on with decisions by the fiscal cliff. another economic news this morning, a story in the wall street journal looking at general motors. it says -- earlier this year, 675,000 vehicles a in inventory. houston, texas, this is eric. caller: i am if first-time caller. years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should...
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c-span has part of our website set up specifically for the fiscal cliff. cliff.n.org/fiscal we're also following your tweets. if you write hashtag fiscal cliff in them, we can put them on the air. austin is calling from utah. caller: good morning. mr. david barton -- no, anyway, who used to be the comptroller for the budget office, dave walker was on your program back when and he pointed out something all americans need to understand. when the law was written, all the money that goes into the trust fund and gets invested in treasury bills, and treasury bonds = the united states government borrowing money. that equals we are loaning the united states government money. so all the money that has gone into that trust fund over the years goes into bonds and therefore is access to the united states government to spend. the only thing that is in a trust fund right now is basically iou's from the u.s. government. the only way -- place the interest comes from on the treasury bills is from the u.s. taxpayer pockets. you have this tidal wave of baby boomers that are
c-span has part of our website set up specifically for the fiscal cliff. cliff.n.org/fiscal we're also following your tweets. if you write hashtag fiscal cliff in them, we can put them on the air. austin is calling from utah. caller: good morning. mr. david barton -- no, anyway, who used to be the comptroller for the budget office, dave walker was on your program back when and he pointed out something all americans need to understand. when the law was written, all the money that goes into the...
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. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake has struck off the country's northeast coast beneath the sea bed. it shook buildings as far as tokyo and warnings were issued for miyagi prefecture. there's no risk for a widespread tsunami. we'll bring you the very latest. >>> elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capitol, this time in response to a political explosive power grab by the president, mohammed morsi. right now army tanks surround the presidential palace as thousands of protesters shout topple the regime, the same chant heard during the regime of hosni mubarak. in a tv show morsi said absolute powers he granted himself will expire with a vote on december 15th but that did littl
. >>> the president is taking the fiscal cliff solution to the people. plus, a modern day five story ripped through the pages of a tom clancey novel. "early today" starts right now. >> announcer: this is "early today" for friday, december 7th, 2012. >>> good mornings,er one. i'm lynn berry. we're going to start with breaking news out of japan. a strong 7.3 earthquake has struck off the country's northeast coast beneath the sea bed. it shook buildings...
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despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the morning or something, if that's okay. captioning funded by cbs >> this is the "cbs morning news" for thursday, december 6, 2012. >>> good morning, everybody. i'm terrell brown. stunning. that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republica
despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the...
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we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org ,, ,,,, ,, . >>> as things stand this morning, we're less than three weeks away from falling over the so-called fiscal cliff. the power play that's all talk and no action. >> boy, it is a beautiful start to the sunday morning in the bay area. winds will pick up. numbers, a little chilly this morning, but one of the warmer days in december on tap. we'll have the details. >> the people in san francisco object to tasers, are
we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson &...
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as part of the fiscal cliff talks. first up here on overview from a capitol hill reporter on social security. >> here to talk about the prop program and how it is involved in these discussions. steven joining us from the associated press where he's a reporter. thank you for being here. how many people in america receive social security and how much do they get? guest: a little bit more than 56 million people get social security and the average benefit is a little over $12,000 -- let's see, a little over $1,200 a month. so maybe it's like $13,000, $14,000 a year. host: and we're talking about retirees. also, though, the disabled. guest: yes, yes. actually we have a fairly wide group of people get social security benefits. retired workers, spouses, children, disabled workers, widows, widowers. it's actually a fairly big social safety net of people who get social security benefits. host: as you mentioned, about 56 million beneficiaries. those retirees receive about $1,200 a month on average. the benefits for the disabled,
as part of the fiscal cliff talks. first up here on overview from a capitol hill reporter on social security. >> here to talk about the prop program and how it is involved in these discussions. steven joining us from the associated press where he's a reporter. thank you for being here. how many people in america receive social security and how much do they get? guest: a little bit more than 56 million people get social security and the average benefit is a little over $12,000 -- let's...
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time of tension, we're looking at the fiscal cliff, to really use a few minutes to pay a tribute to two wonderful, outstanding senators who will be leaving us at the end of this term that i have served with. wonderful women named senator olympia snowe of maine and senator kay bailey hutchison of texas. dear friends across the other side of the aisle but though they were on the other side of the aisle there was no great divide between us. we have known each other for many years. a -- a few words i'd like to say about my very dear friend, senator olympia snowe. i served with senator snowe both in the house of representatives and then in the united states senate. wow. what an outstanding senator and congressperson she has been. and i know we will continue to see senator snowe in some type of role in public service, because that's just the kind of person she is. she is deeply in her d.n.a. a public servant. senator snowe has served her state of maine and our nation so well. she's one of our most respected members of congress, known for her civility, her sensibility, her mastery of the s
time of tension, we're looking at the fiscal cliff, to really use a few minutes to pay a tribute to two wonderful, outstanding senators who will be leaving us at the end of this term that i have served with. wonderful women named senator olympia snowe of maine and senator kay bailey hutchison of texas. dear friends across the other side of the aisle but though they were on the other side of the aisle there was no great divide between us. we have known each other for many years. a -- a few words...
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. >> on tomorrow morning's washington gorgeous -- washington journal, we continue a look at the fiscal cliff and what happens if those cuts take place in january. after that, charles clark of the government executive media group, looks at the domestic program cuts. and then more about the issue with is bell sawhill
. >> on tomorrow morning's washington gorgeous -- washington journal, we continue a look at the fiscal cliff and what happens if those cuts take place in january. after that, charles clark of the government executive media group, looks at the domestic program cuts. and then more about the issue with is bell sawhill
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>> dylan, thank you. >>> we are 23 days away from the miss fiscal cliff deadline. can congress and the white house reach a deal? david gregory is moderator of "meet the press." good morning. >> willie, good morning. >> we've heard a lot of tough talk, pes sichl surrousimism su negotiations. you spent time on capitol hill and came away optimistic. why? >> what's changed from the last debacle speaker boehner has more room within his own ranks. the republicans have done away with the feeling they have to oppose the president because the election is coming and they want to deny him a big victory. there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's going into the negotiations. the question is whether the president is willing to give up on that. lot of liberals don't want to give too much in the way of medicare cuts. >> one of speaker boehner's guiding principles, being for republicans an
>> dylan, thank you. >>> we are 23 days away from the miss fiscal cliff deadline. can congress and the white house reach a deal? david gregory is moderator of "meet the press." good morning. >> willie, good morning. >> we've heard a lot of tough talk, pes sichl surrousimism su negotiations. you spent time on capitol hill and came away optimistic. why? >> what's changed from the last debacle speaker boehner has more room within his own ranks. the...
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i was just saying moments ago that i am very concerned about the fiscal cliff but tearing up over besse cooper and the 8-year-old twins from oklahoma. what a morning you're having. >> what a life she had. >> amazing. >> well, let's talk about the cliff now that your eyes are dry. i hope this doesn't bring you to tears -- >> not yet. >> 24 days and counting until that deadline. but for the average american, what will it look like if we go off the cliff? will it be better for anyone? this is a very stressful time. you know, people talk about the cliff like it's this major event, which it is, but almost like a y2k. what are things going to look like january 2nd? from a paycheck perspective, you'll see less money in your paycheck if we do fall off the cliff. as far as the economy goes, not really a cliff. more like a slope and we are going to see most likely an economic slow down where jobs are going to slow down because we're not going to see companies expand. we're not going to be seeing them grow and this economy that we've been hoping to see in recovery really headed in the other direct
i was just saying moments ago that i am very concerned about the fiscal cliff but tearing up over besse cooper and the 8-year-old twins from oklahoma. what a morning you're having. >> what a life she had. >> amazing. >> well, let's talk about the cliff now that your eyes are dry. i hope this doesn't bring you to tears -- >> not yet. >> 24 days and counting until that deadline. but for the average american, what will it look like if we go off the cliff? will it be...
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fiscal cliff. the clock is ticking now. 27 days to go. >> and president obama and congressional republicans are making plenty of sound bytes about it all. but very little progress. abc's tahman bradley has the details from washington. >> reporter: democrats and republicans remain light years apart. here's president obama, in an interview with bloomberg tv, describing house speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt
fiscal cliff. the clock is ticking now. 27 days to go. >> and president obama and congressional republicans are making plenty of sound bytes about it all. but very little progress. abc's tahman bradley has the details from washington. >> reporter: democrats and republicans remain light years apart. here's president obama, in an interview with bloomberg tv, describing house speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now...
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this morning part of our week-long and couple of weeks' long conversation on the fiscal cliff, a focus this morning on the expiring tax provisions. host: today we're looking at the issue of tax extenders or tax incentives for business and individuals. and joining us in this discussion is sam goldfarb, who is a tax writer for c.q. roll call. what are tax extenders? >> well, they're temporary tax breaks. that's basically i think the most basic definition and some people are kind of concerned that the entire tax code is turning into one big tax extendser. so where do you really define it? but i think traditionally they're considered to be these pretty small provisions, narrowly targeted at specific types of businesses. some of them do apply to individuals as well. >> so why are they temporary? >> that's a good question. i think a lot of people, including people in congress, say either they should be made permanent or they should be eliminated altogether. but they're temporary because it's easier to pass that way. it looks like it costs less. usually they keep on being ex tended and extend
this morning part of our week-long and couple of weeks' long conversation on the fiscal cliff, a focus this morning on the expiring tax provisions. host: today we're looking at the issue of tax extenders or tax incentives for business and individuals. and joining us in this discussion is sam goldfarb, who is a tax writer for c.q. roll call. what are tax extenders? >> well, they're temporary tax breaks. that's basically i think the most basic definition and some people are kind of...
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oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move the nation forward. "doing capitalism in the innovation economy" ranked among 2012's best books by the financial times. people talk about an innovation economy. what does that mean? >> i mean the processes by which through trial and error we discover new technologies, research is alied, and then the stuff that really matters is built out into the kind of networks from the canals to the railroads to the highway system, the electricity grid and the internet that transform the market economy and then finally there's a process again, trial and error, of exploring what this new stuff is good for. the point is that thi
oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move...
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finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the first to pick up their marriage licenses last thursday. the state required a three-day waiting period before ceremonies. >>> european union leaders are in oslo to receive the nobel peace prize. hundreds of protesters have been braving oslo's snow. the prize was meant to honor contributions to disarmament and eu member states account for a third of global arms exports. >> thanks, christine. >>> it is now 15 minutes after the hour. time for "early read," your local newsmaking national headlines. a big medical story in the "philadelphia enquirer." it's in a
finally meeting face-to-face over the fiscal cliff. they sat down at the white house yesterday. neither side is discussing details. both agree the lines of communication remain open. massive tax hikes and spending cuts take hold in 22 days if the two leaders can't work out a deal. >> a busy day sunday at seattle city hall. 133 same-sex couples tied the knot. sarah and emily cover were among the first couples to get married. the same-sex couples married sunday in seattle were among the...
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mcconnell: with the fiscal cliff fast approaching, i feel the need to point out something this morning that's perfectly obvious to most americans but which democrats in washington still don't seem to grasp. i'm referring to the fact that any solution to our spending and debt problem has to involve cuts to out-of-control washington spending. i know that might sound obvious to most people but for all the president's talk about the need for a balanced approach, the truth is he and his democratic allies simply refused to be pinned down on any spending cuts. americans overwhelmingly support some level of cuts to government spending as part of a plan to cut the federal deficit. yet, the president will not commit to it. he refuses to lead on the issue. the president seems to think if all he talks about are taxes and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control and that he himself has been insisting on balance. a couple of weeks ago we saw his plan. after four straight trillion-dollar deficits and two years
mcconnell: with the fiscal cliff fast approaching, i feel the need to point out something this morning that's perfectly obvious to most americans but which democrats in washington still don't seem to grasp. i'm referring to the fact that any solution to our spending and debt problem has to involve cuts to out-of-control washington spending. i know that might sound obvious to most people but for all the president's talk about the need for a balanced approach, the truth is he and his democratic...
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we'll see what they think about the fiscal cliff this morning. >> osgood: thank you bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then i'll see you on the radio. captioning made possible by johnson & johnson where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org [ male announcer ] this commercial is not about getting fios; it's about getting fios. that moment after you finally got it, that you actually get it. when you can see blades of artificial grass in their full glory you get it. or the first time you download a two-hour movie in two minutes, you get it. because once you've got it, you get it. [ female announcer ] it's faster. it's better. so, what are you waiting for? now you can get fios internet, tv and phone for just $79.99 a mont
we'll see what they think about the fiscal cliff this morning. >> osgood: thank you bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then i'll see you on the radio. captioning made possible by johnson & johnson...
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welcome back to "cbs this morning." this may be the critical week for a deal on the fiscal cliff. general electric ceo jeff immelt will tell us what's at stake in the u.s. and around the world. >>> and we'll talk with the ladies from "the talk" who are spending part of the holidays here in new york city. >>> first, here's a look at today's "eye opener at 8:00." >> the white house meeting here between president obama and speaker boehner occurred after the president extended that invitation to boehner on friday. >> there are 22 days left till the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >>> the colorado doctor kidnapped in afghanistan is safe this morning after a daring rescue mission by a team of navy s.e.a.l.s. >> the key to these things is surprise, speed and action. you get in there before they know you're coming. you're to the door before they know what's going on. >>> the upper midwest is digging out from its first major snowstorm. >> minnesota bore the brunt of this weather, some spots getting 16 inches of snow. >>
welcome back to "cbs this morning." this may be the critical week for a deal on the fiscal cliff. general electric ceo jeff immelt will tell us what's at stake in the u.s. and around the world. >>> and we'll talk with the ladies from "the talk" who are spending part of the holidays here in new york city. >>> first, here's a look at today's "eye opener at 8:00." >> the white house meeting here between president obama and speaker boehner...
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we have takes on the morning spesh especially with the all important fiscal cliff. he says he didn't mind when there is gridlock. when the government does something it usually ends up in gridlock anyway. but jiamie dimon says the government has do much. >> we have moral authority around the world. let's just do it. the table is set very well right now. corporations, middle market companies, small business in good shape. 5 million more people working than four years ago. housing turned the corner. let's just keep it going. >> we heard from ceo of gold man sacks saying if this were a business man manner there would be no tripping of the fiscal cliff at the end of the year but also made interesting comments about goldman sacks reputation. here is how he categorized it. >> we started from scratch. no one knew who we were or what we did. and shame on us in hindsight we let other people define us and nobody knew what we attributed to the economy and jobs growth creation. we were slow off the mark because we hadn't really developed that sense. >> for goldman sachs, the pre
we have takes on the morning spesh especially with the all important fiscal cliff. he says he didn't mind when there is gridlock. when the government does something it usually ends up in gridlock anyway. but jiamie dimon says the government has do much. >> we have moral authority around the world. let's just do it. the table is set very well right now. corporations, middle market companies, small business in good shape. 5 million more people working than four years ago. housing turned the...
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over the fiscal cliff. >> with time running out there are signs of possible progress in the attempt to head off a massive tax increase. it is monday, december 10th. >>> from abc news, this is "world news now." >> good monday morning. i'm sunny hostin in for paula faris. >> i'm john muller, rob nelson has the morning off. we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff. >>> also this half hour, hopes and prayers for nelson mandela. the human rights hero is in a south africa hospital this morning. >>> also coming up, new hope in the fight against alzheimer's disease, experimental surgery to implant a kind of pacemaker for the brain is showing early success. >> an interesting one. >> yes. >>> later, daytime smack down, wendy williams lets loose with some harsh words about beyonce. what the talk show host is saying about the singer coming up in "the skinny." >> that's never going to go well. talking badly about beyonce. a bad move. >> going after beyonce is a tough one. >>> new signs of progress in effort
over the fiscal cliff. >> with time running out there are signs of possible progress in the attempt to head off a massive tax increase. it is monday, december 10th. >>> from abc news, this is "world news now." >> good monday morning. i'm sunny hostin in for paula faris. >> i'm john muller, rob nelson has the morning off. we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff....
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we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org
we'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson &...
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wall street investors are waiting for a fiscal cliff deal. stocks were unchanged. the dow lost 13 points while the nasdaq was down five points. bank profits are getting bigger. the financial industry earned $37.6 billion in the third quarter. that's an increase of more than 6% and it could lead to more lending. there's good news on the housing front. a survey shows housing prices were up more than 6% in october. that's the best gain in six years. starting in 2016 the disney characters are coming to netflix. they landed exclusive rights to stream disney movies before they air on cable networks. netflix will get some of disney's classic movies. no financial terms of the deal were released. and just in time for the holidays, starbucks is introducing a $454 gift card. the card is made of etched steel. comes with $400 on it. the reason why it's $450? it costs $50 just to make the card. there will be only 5,000 available and they will only be sold on the website gilt.com. the card comes with a gold level starbucks membership for $400 you can buy 57 cups of starbucks new
wall street investors are waiting for a fiscal cliff deal. stocks were unchanged. the dow lost 13 points while the nasdaq was down five points. bank profits are getting bigger. the financial industry earned $37.6 billion in the third quarter. that's an increase of more than 6% and it could lead to more lending. there's good news on the housing front. a survey shows housing prices were up more than 6% in october. that's the best gain in six years. starting in 2016 the disney characters are...
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. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for d
. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty...
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>> reporter: still the fiscal cliff. good morning and happy monday, guys. it's kind of a weird day out there. a little foggy. erskine bowles, he of simpson-bowles was on "squawk box" this morning and put the number to it. he thought there was a 40% chance that a deal would get reached by the end of the year. a 30% chance that the deal would get done early next year and then the remainder, whatever that might be, would be never and he called that chaos. so really it's all about the fiscal cliff, guys. i wish i had something a little more light and fun for you on a monday morning. >> nothing like going through friday's numbers, down to 7.7%. a lot of chatter over the weekend that was only because people were getting out of the workforce in record numbers, et cetera, et cetera. what's your take? what's wall street's take on the numbers on friday? >> reporter: it's like this. it's like i reported on friday. it's better than expected. what we did in our "street signs" was why are the expectations so low? i went through the numbers, back to 2002, ten years ago. 5
>> reporter: still the fiscal cliff. good morning and happy monday, guys. it's kind of a weird day out there. a little foggy. erskine bowles, he of simpson-bowles was on "squawk box" this morning and put the number to it. he thought there was a 40% chance that a deal would get reached by the end of the year. a 30% chance that the deal would get done early next year and then the remainder, whatever that might be, would be never and he called that chaos. so really it's all about...
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. >>> everybody is waiting for the fiscal cliff. i went down to the capitol this morning to see how things are progressing. i got more negative when harry reid said it is unlikely that a deal will be done by christmas. i'm thrilled to have senator john hovan, a republican from north dakota who has been an advocate here with us tonight. welcome back to "mad money." >> jim, good to be with you. >> i noticed that you are for a bipartisan situation and one of the things that tells me that you are for real is that you have not signed a pledge that would make it so that you cannot vote for a tax increase. it should be a big deal on the order of four trillion dollar over ten years. get growth in our economy and the kind of deal that inincludes tax reform and better spending control. >> when you were governor of your state you previded over what i think is the single greatest employment boom. is washington so different that you wish you were back home? >> you have been out to north dakota, but you are right. the fundamentals don't change. c
. >>> everybody is waiting for the fiscal cliff. i went down to the capitol this morning to see how things are progressing. i got more negative when harry reid said it is unlikely that a deal will be done by christmas. i'm thrilled to have senator john hovan, a republican from north dakota who has been an advocate here with us tonight. welcome back to "mad money." >> jim, good to be with you. >> i noticed that you are for a bipartisan situation and one of the...